Prime Time with Bec Wilson

For my first guest of epic retirement month, I chat to financial adviser Peita Diamantidis from Caboodle Financial Services to find out HOW you can build financial confidence, working through the emotional side of spending money and figuring out what ENOUGH actually looks like.See omnystudio.com/listener for privacy information.

Kick off Epic Retirement Month with insights on what constitutes an amazing retirement. Explore six key areas: longevity, finances, health, activities, purpose, and travel. Learn why a surge in retirements happens at year’s end and how to prepare effectively. Discover practical tips to find your purpose and connect personal goals to non-monetary fulfillment. Join the excitement of planning your future and get access to a free starter kit designed to guide your journey. It's time to dream big and take proactive steps toward an epic retirement!

Join Monique van Tulder, a wellbeing and travel writer, as she shares insights from her book about a transformative grown-up gap year. Discover how this concept isn't just about travel but a chance to reassess and reclaim creativity in midlife. Monique explores the phases of reinvention, discusses the balance of caregiving, and the importance of slow travel. She reflects on the impact of perimenopause, her family’s reactions, and shares valuable lessons for anyone considering a similar journey. Her mantra? If she can do it, so can you!

Craig Sankey, a technical leader and financial adviser at Industry Fund Services, shares his expertise after five years of answering reader finance questions. He discusses how to set personalized retirement targets and the importance of practical steps like salary sacrifice. They explore the magic of compounding interest and why it's vital to avoid market timing during downturns. Craig also compares the benefits of paying down a mortgage versus investing in superannuation, providing insights into common retirement choices and urging listeners to take charge of their financial future.

The age pension is Australia’s most important safety net in retirement, but for so many people, working out when you’re eligible, how much you can earn, and what actually counts towards your assets can feel like a minefield. In this episode, I'm joined by Justin Bott from Centrelink, who breaks down the nuts and bolts of pension eligibility and the application process. See omnystudio.com/listener for privacy information.

In celebration of Grandparents day THIS SUNDAY - I'm revisiting this wonderful chat with psychologist Michael Carr-Gregg, where we discuss his practical guide to navigating grandparenting today.       See omnystudio.com/listener for privacy information.

David Bell, Executive Director at the Conexus Institute, unpacks the confusing jargon surrounding retirement finances. He explains why retirement account names vary widely among funds due to marketing strategies. David highlights the comparability issues found in 20 major super funds and discusses the limitations of fixed drawdown options. He demystifies the concept of an account-based pension, contrasting it with the age pension, and offers insights on minimum drawdown rules while advocating for a simpler term: 'flexible retirement account.'

I sit down with Australia's aged care guru Rachel Lane, to discuss the HUGE changes coming to the sector. From November 1, Australia will implement a new Aged Care Act, including the Support at Home program to replace Home Care Packages and the Short-Term Restorative Care program. We break down all the details and what it could mean for YOU, your LOVED ones and your hip pocket.   See omnystudio.com/listener for privacy information.

This week on Prime Time, I'm joined by Ian Fryer from Chant West to introduce the brand-new Epic Retirement Tick - a clear way to see which super funds are truly ready to help you in retirement. Out of more than 100 funds in Australia, only six have met the new standard, measured against an 18-point set of criteria. In this episode, we explain what the Tick is, why it matters, and how it can give you confidence that your fund is prepared to support you in the years after full-time work. Download your copy of the Epic Retirement Tick report at epicretirement.com.au/epictick.See omnystudio.com/listener for privacy information.

I sit down with researcher Susan Bell to chat about her report; The '10 Life-Changing Questions Asked By People In Their 60s.' You can find more of Susan's research here: https://sbresearch.com.au/ You can order a copy of my new book;  'Prime Time' via AMAZON here  Follow us on social media and via email Get in touch with Bec here: Bec@primetimers.net  Sign up for the Prime Time Podcast Newsletter at www.primetimers.net  - Get our newsletter with detailed podcast notes sent directly to your inbox every week.   Order your copy of Prime Time: 27 rules for the new midlife here: https://amzn.to/3G0yxfh Or follow Bec on social here:  @becwilsonepic on Facebook @epicretirement on Instagram  Read Bec’s syndicated newspaper column in Nine Newspapers (The Sydney Morning Herald and The Age) each week here: https://www.smh.com.au/by/bec-wilson-p536ww NEARING RETIREMENT?  Join The Epic Retirement Club – on Facebook. facebook.com/groups/epicretire  Sign up for the Epic Retirement weekly newsletter at epicretirement.net  Get Bec Wilson’s bestselling book How to Have an Epic Retirement to learn about the six pillars of an epic retirement as you approach and prepare for your future retirement years. https://amzn.to/3G0yxfh Visit Bec’s website at epicretirement.com.au to learn more about her workSee omnystudio.com/listener for privacy information.